- BenutzernameMoneyland User Questions
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June 8, 2017, 11:54:02 AM
Are there any fees or charges when you close a vested benefits account?
Fees for closing vested benefits account
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- BenutzernameMoneyguru von moneyland.ch
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- Registriert seit8/4/15
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June 9, 2017, 2:48:42 PM
Hi there,
Most vested benefits foundations such as those run by Swiss banks do not charge withdrawal fees when you cash out vested benefits accounts after reaching retirement age. However, some foundations charge a fee when you close a vested benefits account and transfer the money to a pension fund. Some charge fees when you cash out vested benefits accounts ahead of retirement (for the purchase of a home, for example).
Best regards from Moneyguru
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